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Drug firms 'need to consolidate'

By Liu Jie | China Daily | Updated: 2013-05-20 07:40

Drug firms 'need to consolidate'

A pharmacist at a hospital pharmacy in Nanjing, Jiangsu province. In 2012, Alliance Boots announced it was buying a 12 percent stake in Nanjing Pharmaceutical Co for about $91 million. Nanjing Pharmaceutical is China's fifth-largest pharmaceutical wholesaler. Provided to China Daily

Sector is too 'fragmented' and threatened by businesses in foreign countries

Drug firms 'need to consolidate'

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